Oil, Gas & Mining

17-12-2005
Stratic Energy Corporation has announced that it was selling a 31.67% participating interest in the Production Sharing Contract ("PSC") the company had signed with the Syrian Government and the Kuwait Foreign Petroleum Exploration Company (&a...
17-12-2005
Syria awarded Russia's Stroytransgaz company two natural gas contracts worth a combined USD 370 million that are expected to be implemented in about two years.
01-12-2005
Petro-Canada is expected to finalize the sale of its stake in Al-Furat Petroleum Company (AFPC), after reports have emerged that a number of companies are finalizing their bids.  
01-12-2005
France’s Total has denied that it was currently holding discussions with the Syrian Government for the building of a new refinery.
15-11-2005
The decrease in oil production levels is prompting the Syrian government to open new blocks for drilling to Arab and other foreign companies.
15-11-2005
Syria is engaged in negotiations with French, Chinese and Russian firms for oil projects worth USD 4.4 billion, Abdallah Dardari, Syria’s deputy PM for economic affairs, said during a conference in Manama.
01-11-2005
A subsidiary of giant Russian company Gazprom won a tender to build the third part of the Arab Gas Pipeline that will ship gas from Egypt across Jordan to Syria and Turkey.
15-09-2005
Stratic and its partner the Kuwait Foreign Petroleum Exploration Company (KUFPEC) finalised the deal they had initialled last April over the development of Block 17.
16-07-2005
ExxonMobil has sold its 49% share in ALIMCO, an oil lubricants joint-venture it operated in Syria with local partners, according to AFP. The shares were sold to Syrian businessmen.
16-07-2005
Petro-Canada, one of the last major foreign stakeholders in Syria’s oil sector, is to sell its 18.7% share of the Al Furat Petroleum Company (AFPC), Syria’s leading national petroleum company, the Syria Report has learned.
16-05-2005
Gulfsands Petroleum has signed an agreement to purchase Devon Energy Corporation's 80% interest in the Block 26, in the northeast of the country, through its purchase of all the capital shares of Devon Syria, Ltd for an undisclosed amount.
16-05-2005
Conoco Phillips has confirmed that it will be withdrawing from Syria after it transfers the gas treatment plant it is operating in the country at the end of the third quarter of this year.
15-04-2005
Syria’s Ministry of Oil is preparing to release tender documents for the development of the Banias refinery following submission of a feasibility study by France’s Beicip Franlab,...
15-04-2005
Stratic Energy of Canada has initialled a production sharing agreement with the Syrian Petroleum Company and the Ministry of Oil over Block 17 in the centre of the country.
15-04-2005
Exactly one year later than planned, Syria will being to supply Lebanon with gas for the first time in June this year following the completion of the gas pipeline linking the two countries.

Events

Taxation in Syria
Damascus Chamber of Commerce
Bank Credit Guarantees
Damascus Chamber of Commerce